10 ms·
Similarly, a non-zero portion of facebook or google or amazon's current market cap is worth less than dog-shit. Hard to say how big that proportion is.
by cwkoss 5y ago
Similarly, a non-zero portion of facebook or google or amazon's current market cap is worth less than dog-shit.
Hard to say how big that proportion is.
- weatherlite 5y agoYou are saying stocks have no value? That is on you to make the case because humanity disagrees...
- cwkoss 5y agoI'm saying a double digit chunk of these companies' expenses and IP production is yielding no economic value: either through lack of product market fit or getting cancelled before they launch. These companies are dripping with untrimmed fat and lack of focus on serving customers via building dumb projects that never get used.